Goods associated with real estate never fall within the scope of UCC Article 2.
Answer the following statement true (T) or false (F)
False
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Portland Sound Cafe began business on January 1, 2016 . The corporate charter authorized issuance of 1,000 shares of no-par value common stock, of which 200 shares were issued, and 4,000 shares of $8 par value, 6% cumulative preferred stock, of which none were issued. Portland Sound sold 400 shares of common stock at $8 per share on May 1 . The entry to record the issuance of the shares on May 1
will: a. Increase Cash, $1,000; Increase Additional Paid-in Capital—Common, $320; Increase Common Stock, $680 b. Increase Cash, $3,200; Increase Additional Paid-in Capital—Common, $2,800; Increase Common Stock, $400 c. Increase Cash, $4,800; Increase Common Stock, $4,800 d. Increase Cash, $3,200; Increase Common Stock, $3,200
Stage Technologies is a London-based company that supplies engineering solutions for the entertainment industry. It has helped the boy-band Westlife make a flying entrance onto stage and provided stage-rigging packages for Princess Cruise vessels. The company was established in 1994 after a couple of production designers decided that the automation of theater productions could be done more safely and more efficiently by using modular production rather than the old "build-as-needed" formula. The company installs wenches, stage lifts, and other equipment commonly used in stage productions. The equipment is designed so it can be operated from a single console without awkward or heavy lifting. Both opera companies and theaters see the benefit of such a system, but many are reluctant to buy
because of perceived costs. John Hastie and Mark Ager, the company's best salespeople, must design sales presentations that address these concerns.What kind of a close would Ager be using if during the presentation, he asked, "Would you want the control module in the orchestra pit or behind the curtains?" A. Assumptive B. Standing-room-only C. Minor-points D. Balance-sheet E. Technology
The Identity Theft and Assumption Deterrence Act of 1998 is a uniform state law that
criminalizes identity fraud and makes it a state felony to use another's credit cards, bank accounts, or social security benefits to acquire property. Indicate whether the statement is true or false
Individuals also form ______ groups that are comprised of colleagues, friends, and associates from various departments.
a. formal b. informal c. planned d. unplanned